My name is Luther and I'm a real estate operator in the fantastic Kansas City market. My focus is helping investors to acquire and keep long-term, cash flow investments. I also help investors to source and secure financing.
In this video I talk about what has helped my clients more than almost anything else: Getting a handle and better understanding on the capital & financing aspects of the business. I can't get into this without briefly mentioning 3 big things for real estate investing: Capital, Strategy and Operations.
Part of the reason why I got into brokering loans for real estate investors - As I went through the process with my partners and clients; facing numerous challenges along the way, I realized there were flaws and gaps in the process and I wanted to do something about it. I encourage you to look at private capital and private equity as well. We push for long-term investments and long-term financing all day.
People can get to it from different places. Lots come in as deal-finders or wholesalers. Some start as an agent or a lender. Others begin as property managers or contractors. Most are just normal working people or business owners who want to invest. What's the move for you?
Many lenders and investors look at short term or quick turn transactions. Why do you really think that is? Might it have to do with the way the real estate finance and lending game is set up?
Because of this, investors are forced to look at Fix & Flip or the BRRR method (Buy, Renovate, Rent, Refinance, Repeat) which can work if market conditions, and various risk factors are favorable. However, when things shift, and market conditions become less favorable, then what?
Be mindful, short-term transactions with the use of short-term loans is the highest risk, lowest potential reward type of investment for investors or lenders. Short term debt usually costs 8-10%, maybe 11-15% interest, along with 1-5 points of additional interest that will need to be paid on the front end or back end.
Here are some ways to get a deal or opportunity funded:
*private lender
*hard money lender
*short term financing
*non-qualified mortgages
*joint venture/partnership
Check me out on YouTube, LinkedIn, Instagram, or Facebook as I give out free game and talk about the realities of investing in real estate. I do posts, videos, and live streams weekly. Plug in if you are a serious investor who's interested in placing capital, investing, or partnering with us.